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Apr 19, 2013
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you have the faa instituting a no fly zone. amtrak shut down from new york to boston. so, what you're telling us is, its could be he's in connecticut or new york. >> well, could be. could have stolen a car. we just don't know. remember, the shootout with the police happened under the veil of darkness. then he drove off, driving over his brother, and then ditched that car. from that point on, the police didn't see him. so, i don't know where he is. and i think if the police knew where he was, they would be there right now, as well. >> right. >> let me say one other thing. people say, why did they not harm the man whose car was -- who they car jacked, and i think it's a very important reason why they didn't. they established a round with this guy, though it was a very brief one. he was a person. where as all the other people they targeted on monday, at the marathon, they were anonymous, faceless entities. it's a lot easier for criminals to target and kill those they don't even see. >> bill? >> yeah, i -- you know, senator mitch mcconnell said the other day, jamie, that t
you have the faa instituting a no fly zone. amtrak shut down from new york to boston. so, what you're telling us is, its could be he's in connecticut or new york. >> well, could be. could have stolen a car. we just don't know. remember, the shootout with the police happened under the veil of darkness. then he drove off, driving over his brother, and then ditched that car. from that point on, the police didn't see him. so, i don't know where he is. and i think if the police knew where he...
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Apr 22, 2013
04/13
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>> i think it's less likely they'll get the faa to change their mind. it's more likely if there's huge public outcry that then you have people in congress who will say, okay, what can we do special in terms of funding so that the faa can reverse this? but i don't think the faa has any plans to change it on its own. >> all right, guys. we have breaking news. we want to -- thank you so much for joining us. get to our breaking news desk. authorities in canada are announcing a thwarted terrorist attack via amtrak between new york and montreal. let's listen to this. >> before we start, i would ask that you please turn off or put on silent mode your cell phones. today's press conference will last approximately 30 minutes. the rcp will be making statements on a national security criminal investigation. integrated national security enforcement teams in montreal and toronto. the statements will be followed by a short question period. >> okay. we want to get you the details of this press conference happening right now in canada. let's get to bertha coombs to give
>> i think it's less likely they'll get the faa to change their mind. it's more likely if there's huge public outcry that then you have people in congress who will say, okay, what can we do special in terms of funding so that the faa can reverse this? but i don't think the faa has any plans to change it on its own. >> all right, guys. we have breaking news. we want to -- thank you so much for joining us. get to our breaking news desk. authorities in canada are announcing a thwarted...
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Apr 23, 2013
04/13
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we're going to show you that the faa has had a massive -- that's the blue line. they've gone from about $2 billion all the way up to over $5 billion in their operating budget since 2008. they're off the pink but still very high. and at the same time, the faa has gotten this massive increase of $2 billion to over $5 billion. traffic, domestic traffic, has plunged. has plunged from -- let's see. from 11 -- almost 11el million flights down to 9.5 million flights. so more money chasing fewer flights and furloughing workers to make life hard. what's that about? >> these are the priorities of government. and they would be absurd if they weren't just outrageous. they whose -- faa chose to prioritize air safety and passenger service, chose inflict as much political pain as possible on the traveling public. they have the money. as you pointed out. and they have a lot less, what i would say, frivolous spending on conferences, consultants, supplies, that they could be, frankly, prioritizing for -- another thing is, a year-and-a-half. since the sequester law became law to se
we're going to show you that the faa has had a massive -- that's the blue line. they've gone from about $2 billion all the way up to over $5 billion in their operating budget since 2008. they're off the pink but still very high. and at the same time, the faa has gotten this massive increase of $2 billion to over $5 billion. traffic, domestic traffic, has plunged. has plunged from -- let's see. from 11 -- almost 11el million flights down to 9.5 million flights. so more money chasing fewer...
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Apr 22, 2013
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they argue the faa has other ways to cut about $650 million out of what is a $16 billion department of transportation budget. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before during any budget sequestration, any shutdown of the faa or anything like that. >> even the white house today said this was never supposed to happen. brian? >> pick it up from there. hampton pearson, thank you very much. let's stay with the theme. you know what, airline stocks have actually been on a tear. the question now is whether or not the sequester could end that run. phil lebeau is here to preview the airline earnings ahead this week. i'm also wondering what they are going to say in their commentary about all of this issue. >> mandy, there's going to be plenty of commentary. we've already heard from some of the airlines they do expect sequestration to have some impact, probably not in the first quarter but definitely in the second quarter. delta is reporting before the bell tomorrow morning. now, a couple of
they argue the faa has other ways to cut about $650 million out of what is a $16 billion department of transportation budget. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before during any budget sequestration, any shutdown of the faa or anything like that. >> even the white house today said this was never supposed to happen. brian? >> pick it up from there. hampton pearson, thank...
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Apr 22, 2013
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>> this is faa, not tsa. but la hood knows all he has to do is say, that's the way it is, it's terrible. most people buy it. are you going to argue with this guy? you should. most people say, sequestration is terrible. we don't have enough money. when you look beyond it, and is we have to look beyond it, labor unions are, the organizations that represent airlines do. they'll all be on it. >> mike, real quick. gary, you're taking a trip today? i do have to fly today, yes. >> and the question is, if you're waking up this morning, you have a choice of which airport you're going to, he's going to laguardia, maybe, new york or jfk. >> give me some advice. >> what do you do? we're trying to get him into teet teeterboro. mike? >> any airport is going to get gummed up. >> it doesn't matter? >> no. look, your delay out of laguardia means you're going to miss your connection in chicago. so it's a whole system. omaha is going to get hit, lincoln is going to get hit, everybody is going to get hi it. >> but to be fair, we
>> this is faa, not tsa. but la hood knows all he has to do is say, that's the way it is, it's terrible. most people buy it. are you going to argue with this guy? you should. most people say, sequestration is terrible. we don't have enough money. when you look beyond it, and is we have to look beyond it, labor unions are, the organizations that represent airlines do. they'll all be on it. >> mike, real quick. gary, you're taking a trip today? i do have to fly today, yes. >>...
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Apr 19, 2013
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we know that the faa has established a no-fly zone over watertown, massachusetts. amtrak has been suspended indefinitely from new york to boston. let's get to scott cohn. he's been in boston since the attacks. what's happening where you are, scott? >> i'm also in watertown, maria, and for much of the day, really for all of the day, we were on mt. auburn avenue, which is where the chase went down overnight. we've moved more for transmission issues than anything else, it's not that the situation has changed appreciably, but i've had a little different vantage point of the same things that bill was talking about. and it took us a while to figure out what was going on. but it seems pretty clear, they were just, as they said, they were going house to house. and it looked like they were sort of going sector to sector to sector. there would be an aerial reconnaissance above, sometimes there were military helicopters accompanying them as well. and then you would see lines of yu uniformed police officers and also s.w.a.t. officers going door to door, with guns, not necessar
we know that the faa has established a no-fly zone over watertown, massachusetts. amtrak has been suspended indefinitely from new york to boston. let's get to scott cohn. he's been in boston since the attacks. what's happening where you are, scott? >> i'm also in watertown, maria, and for much of the day, really for all of the day, we were on mt. auburn avenue, which is where the chase went down overnight. we've moved more for transmission issues than anything else, it's not that the...
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Apr 22, 2013
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. >>> also tonight, the faa says the sequester is starting it to start furloughs. that means major delays at airports. this is all politics. we'll talk to one airline pilot who says the faa action is bologna. >>> and the senate is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins right now. ♪ all right. charges were filed against terror suspect dzhokhar tsarnaev. nbc news' pete williams joins us with all the details. good evening, pete. >> well, the combination of evidence here the government says they have, larry, the main thing here is from a surveillance video from the scene of a second bombing, they say they can see dzhokhar tsarnaev come into view. they see him work his way into the crowd, take his backpack off, lower it to the ground. they say still photographs show it down on the ground at his feet and they say one of the most telling moments is when the bomb at the first site goe
. >>> also tonight, the faa says the sequester is starting it to start furloughs. that means major delays at airports. this is all politics. we'll talk to one airline pilot who says the faa action is bologna. >>> and the senate is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins...
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Apr 19, 2013
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no fly zone, according to the faa. am
no fly zone, according to the faa. am
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Apr 23, 2013
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they blame it on furloughs from the faa. the faa intends to cut 10% of staffing. that's to save roughly $200 million coming out of the $637 million that it needs to cut from its budget. now the board behind me shows we are with seeing delays of 15 to 45 minutes in terms of the departures. in terms of the arrivals we are seeing 30 to 45 minutes. of course that's due to congestion. we have data that shows yesterday more than half of the flights at this airport did experience a delay. in addition to some security concerns, of course, from the furlough, how this is going to impact airlines and the broader economy is a big issue. southwest estimates the cost could be $200 million a year for that airline. american, of course, a bigger airline saying that it could cost them $650 million a year. carl, a couple of caveats to think about. of course weather could be the biggest reason you see flight delays. we had windy conditions here in new york city. everybody was willing to point the finger at the sequester. the other issue, of course, is the fact that you have different
they blame it on furloughs from the faa. the faa intends to cut 10% of staffing. that's to save roughly $200 million coming out of the $637 million that it needs to cut from its budget. now the board behind me shows we are with seeing delays of 15 to 45 minutes in terms of the departures. in terms of the arrivals we are seeing 30 to 45 minutes. of course that's due to congestion. we have data that shows yesterday more than half of the flights at this airport did experience a delay. in addition...
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Apr 22, 2013
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we had an faa statement release toefrd weekend reading in part, the faa will be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delay impacts of lower staffing as we move into the busy summer travel season. now, we've got a counter view from the global visit travel association. they're saying, quote, our nation's xhid and businesses will pay a very steep price that significantly outstrips the goals produced savings through those furloughs. business and leisure travellers we talked to earlier today agree. >> traveling is stressful enough and when you don't know how long it's going to take you to get through the line, you have to add extra time that you wish you didn't have to to get from point a to point b. >> that will impact not only the stockholders, the employees, but also all of our customers. >> now, for the record, the faa will be furloughing 15,000 controllers. they have to take at least one day off every other week from now through the end of september. in our next update on "power lun lunch" we're going to talk to a spokesma
we had an faa statement release toefrd weekend reading in part, the faa will be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delay impacts of lower staffing as we move into the busy summer travel season. now, we've got a counter view from the global visit travel association. they're saying, quote, our nation's xhid and businesses will pay a very steep price that significantly outstrips the goals produced savings through those furloughs....
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Apr 24, 2013
04/13
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governor scott from florida put out a message today saying c'me on, faa, stop playing a game. yes, usairways still the way to go. michael. >> caller: a super big boo-yah, jim, from manchester, new jersey. >> love it. i'm not that familiar wit. that's okay. >> caller: nine times over. with the recent bank of america stuff yesterday, what is going to happen to the stock when the federal reserve stops its qe and also, do you think the stock has potential to hit $20 above or above by 20 lean? >> there's a lot of mystery about what happens with the federal reserve stocks. i'm going to demystify. they go higher within they do get that's why the bank stocks act like total dogs. lots of people come on air and they real they say really stupid things. they're wrong, bulls and bears make money and lemmings get, well, aah. if it looks like a leming, if it smells like a lemming, they only saw their behavior today. i think it may turn out to be a gift in disguise. "mad money" will be right back. >> announcer: coming up, green? it's green week at universal. cramer has the companies that can
governor scott from florida put out a message today saying c'me on, faa, stop playing a game. yes, usairways still the way to go. michael. >> caller: a super big boo-yah, jim, from manchester, new jersey. >> love it. i'm not that familiar wit. that's okay. >> caller: nine times over. with the recent bank of america stuff yesterday, what is going to happen to the stock when the federal reserve stops its qe and also, do you think the stock has potential to hit $20 above or above...
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Apr 23, 2013
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the faa says listen, you can't come in. we don't have enough people. we can't do the job. it was remarkable. we said how long? two and a half hours? why is that? >> maybe two and a half hours the faa says they might be able to round up enough people to land the airplanes in kennedy. >> that is stunning. i was watching in horror because i have to travel next week. >> take the train. i was going to go to washington. forget the airplane. just get on the train. it's too high risk. they didn't know their plane would not take off until the doors were closed and we were wheels up in 15 minute, they thought was the maximum and the pilot comes back and says listen, we can't land. they don't have enough people to land us in kennedy. >> thank you for the tweets on that because honestly and we were glad you brought it to our attention. thank you very much. >> our guest host this morning is henry blodget. he has thoughts on there as well. squawk will be right back. ♪ ♪ ♪ ♪ ♪ the new blackberry z10. with time shift and blackberry balance. built to keep you moving. see it in ac
the faa says listen, you can't come in. we don't have enough people. we can't do the job. it was remarkable. we said how long? two and a half hours? why is that? >> maybe two and a half hours the faa says they might be able to round up enough people to land the airplanes in kennedy. >> that is stunning. i was watching in horror because i have to travel next week. >> take the train. i was going to go to washington. forget the airplane. just get on the train. it's too high risk....
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Apr 24, 2013
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what that is doing with the faa, i don't know. that's the kind of jump they could easily remove. >> i had $447 million, you are right, for community green development. also, $500 million for various consultants that were supposed to fix that at the faa years ago. it never got fixed. the whole cut is $630 million. right there, those two items would have covered the cut intl by the way, this is an opportunity to reform the faat. rest of the world is way ahead of us. we could have handled twice the traffic. by the way, larry, the number of flights is 20% less than three or four years ago. so what's happening here? >> one other thing or two, if you buy an airline ticket, you got a tax on there specifically to provide for air traffic controllers. so why the heck could that money go and business dissipated elsewhere? >> that is a great question. are you a former assistant director of the office and manage and budget? >> chief economist, yes. same job you had. >> i had the same job you had about ten years later under different administra
what that is doing with the faa, i don't know. that's the kind of jump they could easily remove. >> i had $447 million, you are right, for community green development. also, $500 million for various consultants that were supposed to fix that at the faa years ago. it never got fixed. the whole cut is $630 million. right there, those two items would have covered the cut intl by the way, this is an opportunity to reform the faat. rest of the world is way ahead of us. we could have handled...
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Apr 16, 2013
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american airlines grounding the entire fleet at their own request, not the request of the faa, because of their computer problems. apparently they were loading flights mannelly, the old way, versus check-in issues, now american airlines grounding the entire fleet by its own request to the faa. obviously there's more than 1500 flights per date, countless numbers of travelers on an airline that will be bought by us airways. find a good bar in the airport where you're at, hunker up, a pint of beer, whatever your choice of beverage is, because it could be a long day. >> we'll keep on following this story. >>> let's look at what's happening in "street talk." hitting five stock stories every single day. microsoft, a little pop from an upgrade. >> morgan stanley upgrading to an dwael weight. this is the re-assumption by the firm. their target 36 bucks, about 25% more up side from here. they say the market is overlooking self earnings dat list. >> we've also got dreamworks. >> beriley, kind of a small firm, but they're taking advantage of yesterday's decline in dwa, and upgrading the stock to
american airlines grounding the entire fleet at their own request, not the request of the faa, because of their computer problems. apparently they were loading flights mannelly, the old way, versus check-in issues, now american airlines grounding the entire fleet by its own request to the faa. obviously there's more than 1500 flights per date, countless numbers of travelers on an airline that will be bought by us airways. find a good bar in the airport where you're at, hunker up, a pint of...
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Apr 23, 2013
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airports on monday as the faa began imposing furloughs of air traffic controls. but the widespread traffic never really materialized. flight aware.com says only about 150 flights were canceled. and is while some people waited nearly two hours to take off, delays were much shorter on average. let's get more now from aviation industry consultant ray. ray, good to see you. this isn't just a story about monday, is it? the real question is what happens as these furloughs continue to play out? >> yes. it's going to take at least a couple of days before we see the full impact of these budget cuts. >> talk a little bit about what's coming down the pike. it's pretty significant, to some extent. >> it is. and i think this puts forward a good argument on why the faa should be a public corporation in the u.s. with its own budget to get away from some of the politics of washington. this is a mandatory type of function that the airlines do need and is it's going to be very costly to the airlines, i believe, if this situation continues to move into the higher travel season. >>
airports on monday as the faa began imposing furloughs of air traffic controls. but the widespread traffic never really materialized. flight aware.com says only about 150 flights were canceled. and is while some people waited nearly two hours to take off, delays were much shorter on average. let's get more now from aviation industry consultant ray. ray, good to see you. this isn't just a story about monday, is it? the real question is what happens as these furloughs continue to play out?...
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Apr 23, 2013
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the faa has cut 47,000 positions. that's approximately 10% of its staff. that's to trim $200 million from its budget. but some passengers are questioning at what cost these savings are coming and some in washington are echoing that same sentiment. >> it is a matter of basic common sense that saving the $50 million at stake here is not really saving at all. in fact, it's penny wise, pound foolish. it is long-term, a cost to the nation. >> and what he's talking about right there is this domino effect that people are concerned about. of course, they're worried about the airlines and their bottom line, but if business travelers and other domestic travelers decide that these inconveniences will keep them from their travel plans, then you can see that spill over into the rest of the u.s. economy, and that's really the greater concern right now. bill, back over you. >> it's hitting us where we live, that's for sure. jackie, thank you very much. we are heading towards the close. 30 minutes left in the trading day. and we're getting, we're moving higher here. the b
the faa has cut 47,000 positions. that's approximately 10% of its staff. that's to trim $200 million from its budget. but some passengers are questioning at what cost these savings are coming and some in washington are echoing that same sentiment. >> it is a matter of basic common sense that saving the $50 million at stake here is not really saving at all. in fact, it's penny wise, pound foolish. it is long-term, a cost to the nation. >> and what he's talking about right there is...
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Apr 19, 2013
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we should point out that the faa has instituted a no-fly zone over watertown, massachusetts. amtrak has been suspended from new york to boston. to law enforcements across the country right now are focusing on this and stopping everything, putting it in lockdown mode. ambassador, thank you very much, phil mod, thank you very much. >> we have got the latest on the boston manhunt continuing throughout thebroadcast. >> we will speak with former u.s. marshal, who spent years chasing down fugitives. stay with us as our special live coverage continues. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can
we should point out that the faa has instituted a no-fly zone over watertown, massachusetts. amtrak has been suspended from new york to boston. to law enforcements across the country right now are focusing on this and stopping everything, putting it in lockdown mode. ambassador, thank you very much, phil mod, thank you very much. >> we have got the latest on the boston manhunt continuing throughout thebroadcast. >> we will speak with former u.s. marshal, who spent years chasing down...
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Apr 24, 2013
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even the faa could not ground this stock chart. it wants to go higher. it was grounded under '77 for 3 1/2 years. and finally this year, the stock broke higher. i would love to buy this on any sort of pullback, but longer term, you know, put the seat back, relax, loosen the seat belt. this stock wants to go to 105. >> the animal way the trade off of that chart is going to fly is if you fold it up and make it a paper airline. it's a 52-week high, it's come a long way, 27 year-to-date, great earnings, but the time to buy is when they were grounded for the batteries, not when they're about to get back in the air. so we are seeing right now a bigger short interest come into this name here. we're seeing potential, you know, the lag, the way sequestration works, bill, you're going to see a lag. this could be a situation as we go into summer and fall, sequestration hits us. but we like this company on a pullback. it's based in chicago, i'm a big fan of boeing, but way too expensive here. >> jeff, why don't you hop on a plane back to chicago with all of that. >>
even the faa could not ground this stock chart. it wants to go higher. it was grounded under '77 for 3 1/2 years. and finally this year, the stock broke higher. i would love to buy this on any sort of pullback, but longer term, you know, put the seat back, relax, loosen the seat belt. this stock wants to go to 105. >> the animal way the trade off of that chart is going to fly is if you fold it up and make it a paper airline. it's a 52-week high, it's come a long way, 27 year-to-date,...
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Apr 24, 2013
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remember, we are probably within a day or two of the faa lifting the grounding on the dreamliner. boeing never had to bring down the delivery schedule. further out investors are having more confidence and more comfort with boeing. on the ford story, the issue here is whether or not ford can give investors confidence that things in europe are improving. they're going to report a loss. they're going to lose $2 billion in europe this year. that's their forecast at this point. north america is really the engine that's powering these guys right now. think about this, kelly. we expect them for the first quarter to report a profit in north america of greater than $2.7 billion. that would easily be the most profitable first quarter ever for the company probably with a profit margin of close to or if not past 12%. that is the area that when he first took over said we need to get profit margins up north of 10%. they're doing that in north america. the issue remains what's going on in europe and how quickly they are coming along and restructuring it. >> the german automaker saying first quar
remember, we are probably within a day or two of the faa lifting the grounding on the dreamliner. boeing never had to bring down the delivery schedule. further out investors are having more confidence and more comfort with boeing. on the ford story, the issue here is whether or not ford can give investors confidence that things in europe are improving. they're going to report a loss. they're going to lose $2 billion in europe this year. that's their forecast at this point. north america is...
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Apr 22, 2013
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also delayed travelers finding themselves waiting in airports as faa furloughs just kicked in. >>> and the investigation in boston, the wounded marathon bombing suspect, he's now responding to questions. it's monday, april 22nd, 2013 and "squawk box" -- it's early, it's monday morning, it begins right now.
also delayed travelers finding themselves waiting in airports as faa furloughs just kicked in. >>> and the investigation in boston, the wounded marathon bombing suspect, he's now responding to questions. it's monday, april 22nd, 2013 and "squawk box" -- it's early, it's monday morning, it begins right now.
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Apr 16, 2013
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the faa says american eagle flightses s s also part of tha? . we have just gotten the word, though, the computer system, in fact, has been fixed and american expects to resume flights in about 45 minutes. now, we did have pictures of what that ground stop has looked like from the dallas-ft. worth hub, the scene of american airline flights on the ground, being repeated at chicago o'hare and laguardia, as well. those planes still grounded, but expect to be taking off again in about 45 minutes, as we now know. passengers stuck on planes. others couldn't make reservations. passengers using social media to flood the airline with complaints. mike is another airport, of course, with a huge american hub, and the concourse there, even more crowded than usual. planes being held at the gates. and we now know, as we said, the computer problems have been fixed. those that were in the air were, in fact, allowed to land at their destinations. american apologizing to commerce for the inconvenience. saying travelers with flexible schedules, there would be no cha
the faa says american eagle flightses s s also part of tha? . we have just gotten the word, though, the computer system, in fact, has been fixed and american expects to resume flights in about 45 minutes. now, we did have pictures of what that ground stop has looked like from the dallas-ft. worth hub, the scene of american airline flights on the ground, being repeated at chicago o'hare and laguardia, as well. those planes still grounded, but expect to be taking off again in about 45 minutes, as...
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Apr 19, 2013
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separately, there are reports that the faa could approve boeing 787 dreamliner battery fix and in the plane's three-month grounding and that will probably be impacting the stock today. >> blackstone is ending its pursuit of dell ending the nationwide drop in pc sales and the move is founder michael dell and blackstone pulling out one month after it launched its will challenge to attempt to take dell private and dell shares are trading down in pre-market trading. general electric releasing first quarter earnings this morning and the company reported a 16% jump in earnings versus next quarter. last year on increased oil and gas drilling equipment sales and ge shed the last of its stake in nbc universal, and we have some breaking news, i believe. i'll go to beck owe this. we apparently have breaking news and not sure where we're going for this, but it does -- the affiliate in boston. i take it back. art hogan is standing by at lazard in boston and the events of today have shut down a wide swath of activity and this is not boston, this is not business as usual in boston. at this point abo
separately, there are reports that the faa could approve boeing 787 dreamliner battery fix and in the plane's three-month grounding and that will probably be impacting the stock today. >> blackstone is ending its pursuit of dell ending the nationwide drop in pc sales and the move is founder michael dell and blackstone pulling out one month after it launched its will challenge to attempt to take dell private and dell shares are trading down in pre-market trading. general electric releasing...
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Apr 24, 2013
04/13
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CNBC
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one, the faa is going to lift the grounding. it's going to happen very soon. and once that happens, then you're going to see these fixes when they're finished. the airlines will start putting the dream liners back in the air, deliveries will return. and you don't see a change in the delivery schedule. that's one thing, and the other thing to keep in mind, the 737 program is the bread and butter at this company. and they've been increasing their production rate on a steady basis. that's really the workhorse at this company. and the 737 is on fire right now. doesn't get any attention because everybody looks at it and says, that's kind of mundane, but it really has been doing well. >> there's got to be another expression, phil. with the battery issue and all that stuff. doing really well the 737s, right? >> doing very well. >> there you go. >> i'm looking through -- it's secondary compared to the commercial airline stuff. but the defense, space and security there were questions about whether or not that might be impacted by sequester. one analyst said it may shav
one, the faa is going to lift the grounding. it's going to happen very soon. and once that happens, then you're going to see these fixes when they're finished. the airlines will start putting the dream liners back in the air, deliveries will return. and you don't see a change in the delivery schedule. that's one thing, and the other thing to keep in mind, the 737 program is the bread and butter at this company. and they've been increasing their production rate on a steady basis. that's really...
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Apr 24, 2013
04/13
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CNBC
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. >> there is a report out of the capital of ethiopia, saying ethiopian airlines is the -- the faa has not lifted the grounding with airworthiness directive. we expect it to happen today, tomorrow or maybe friday, but relatively soon. ethiopian airlines saying it will be the first post-grounding flight to kenya. this is what we'll be seeing over the next couple of weeks. once the grounding is lifted, the companies that have the dream liners and they're fixed will go back into service. >> everyone doubted them just like novak. people should stop doubting good ceos that know how to deliver. >> we will get six in 60 after a break. [ male announcer ] here at optionsxpress, our clients really seem to appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. hey ray, my uncle wanted to say thanks for idea hub. o well tell him i said you're welcome. he loves how he can click on it and get specific acti
. >> there is a report out of the capital of ethiopia, saying ethiopian airlines is the -- the faa has not lifted the grounding with airworthiness directive. we expect it to happen today, tomorrow or maybe friday, but relatively soon. ethiopian airlines saying it will be the first post-grounding flight to kenya. this is what we'll be seeing over the next couple of weeks. once the grounding is lifted, the companies that have the dream liners and they're fixed will go back into service....
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Apr 23, 2013
04/13
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CNNW
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nationwide, the faa says 400 flights delayed because of staffing shortages sunday night. >> they need to fix it. i want to go home. >> reporter: >> these are awful and they must stop. we cannot let these delays go through. not only because of inconvenience, but because it's directly hurting our economy. >> reporter: with 10% staffing reductions in effect through september, significant delays are likely. >> if there's some cost cutting and i don't feel it too badly, i'm all for it. if it becomes painful, then i think we need to figure out another way to deal with things. >> we're all going to pay the price. so what can you do? you grin and bear it. >> as if flying is not miserable enough. if you've had a flight delayed, tell us by sending us a tweet@cnnireport. coming up next, t-shirt with the word massacre" stayed on word massacre" stayed on sale. ents. ♪ to more efficient pick-ups. ♪ wireless is limitless. ♪ from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. >>> welcome back. nike is pulling t-shirts with the words "boston massacre" from its out
nationwide, the faa says 400 flights delayed because of staffing shortages sunday night. >> they need to fix it. i want to go home. >> reporter: >> these are awful and they must stop. we cannot let these delays go through. not only because of inconvenience, but because it's directly hurting our economy. >> reporter: with 10% staffing reductions in effect through september, significant delays are likely. >> if there's some cost cutting and i don't feel it too badly,...
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Apr 23, 2013
04/13
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CNNW
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due to faa staffing issues, workforce reductions, that started sunday night. erin was on a flight sunday night from las vegas to l.a. little did she know, forced spending cuts began the same day, reducing the number of air traffic controllers on duty. the result? major flight delays. >> on an 8:25, and when i rebooked, our departure time, 1:45 a.m. a couple airline employees said it was due to fog, and a couple says it was due to sequestration. >> reporter: actually it was both according to air traffic union rep, who was working sunday night. there are four parallel runways that can operate simultaneously on clear days. >> when the weather comes in, we go to a in, we go to a two runway rate. >> that requires one air traffic controller monitoring each arriving plane. the lax air traffic control tower is operating on delaying. >> reporter: it doesn't create much to create a big backlog. 400 flights were delayed because of staffing shortages sunday night. >> these are awful and they must stop. we cannot let these delays go through. not because of convenience, but
due to faa staffing issues, workforce reductions, that started sunday night. erin was on a flight sunday night from las vegas to l.a. little did she know, forced spending cuts began the same day, reducing the number of air traffic controllers on duty. the result? major flight delays. >> on an 8:25, and when i rebooked, our departure time, 1:45 a.m. a couple airline employees said it was due to fog, and a couple says it was due to sequestration. >> reporter: actually it was both...
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Apr 18, 2013
04/13
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, we took just a few moments ago, the helicopters have been asked to leave the area, there's now an faa flight restriction over there plant, up to about 3,000 feet. when we are able to get you more pictures, we will do that. this is what it looks like about now. i huang the to bring back the ceo of hillcrest hospital. we talk every ten minutes, the situation, every time it changes dramatically. how many people have now come in to the hospital. >> we now have a total of 66 patients that we have officially registered or seen. and many of those patients, 38 of those we would list as seriously injured. we're being told by the triage station that is et is up by our rac at the field, we are continuing to treat minor injuries there, they're being transported to our facility as well. and so at this hour, we were hopefully -- will not see many more serious injuries coming. because of the devastation i'm being told that exists there on the viscreen, it's hard to say what we can see for sure. >> glenn, are you aware at this point of any fatalities, you talk about some of these people being serious
, we took just a few moments ago, the helicopters have been asked to leave the area, there's now an faa flight restriction over there plant, up to about 3,000 feet. when we are able to get you more pictures, we will do that. this is what it looks like about now. i huang the to bring back the ceo of hillcrest hospital. we talk every ten minutes, the situation, every time it changes dramatically. how many people have now come in to the hospital. >> we now have a total of 66 patients that we...
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Apr 24, 2013
04/13
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but in all, 50,000 faa workers are being forced to take unpaid time off to save money. the obama administration said today it would be open to legislation that would give the faa flexibility with its budget. but called that a band-aid approach. a spokeswoman for the airline says the lobbying group is trying to halt the furloughs and calls them irresponsible and unnecessary. and many are arguing that these are not required by the sequester. well, we have an "outfront" investigation on whether that adds up tomorrow night. >>> and finally, an update on the ricin investigation. fbi agents today searched the former martial arts studio of james everett duskey in connection with the ricin tainted letters sent to president obama and others on capitol hill. authorities are not calling him a suspect but he is connected to paul kevin curtis, the elvis impersonator charged but then cleared of sending the letters. former fbi director tells "outfront" the fbi was erring on the side of caution by arresting curtis because ricin is so lethal and this is amid the boston bombings. it is f
but in all, 50,000 faa workers are being forced to take unpaid time off to save money. the obama administration said today it would be open to legislation that would give the faa flexibility with its budget. but called that a band-aid approach. a spokeswoman for the airline says the lobbying group is trying to halt the furloughs and calls them irresponsible and unnecessary. and many are arguing that these are not required by the sequester. well, we have an "outfront" investigation on...
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Apr 23, 2013
04/13
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CNNW
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the faa is required to cut $637 million from its budget by the end of september. >>> and at least another inch of rain is expected today in parts of an already flood-ravaged midwest. at least six rivers in northern illinois have surged to record levels and thousands of residents have been displaced. the governor declared 44 counties disaster areas. missouri's governor has also declared a state of emergency. >>> and some momentary shock today after this a.p. tweet was posted, claiming, quote, two explosions in the white house and barack obama is injured. it turns out that the a.p. account was hacked and the erroneous tweet was taken down minutes later. the dow plunged more than 100 points on the news but quickly regained the losses once it was deemed false. a group known as the syrian electronic army has claimed responsibility for this tweet. an fbi spokesperson tells cnn the fbi is now investigating that hack. wolf? >> lisa sylvester, thanks very >> lisa sylvester, thanks very much. -- captions by vitac -- www.vitac.com >>> new images of the shootout between tsarnaev, the two brothers, an
the faa is required to cut $637 million from its budget by the end of september. >>> and at least another inch of rain is expected today in parts of an already flood-ravaged midwest. at least six rivers in northern illinois have surged to record levels and thousands of residents have been displaced. the governor declared 44 counties disaster areas. missouri's governor has also declared a state of emergency. >>> and some momentary shock today after this a.p. tweet was posted,...
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Apr 24, 2013
04/13
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but the faa warns hart fields jackson, los angeles international, chicago o'hare will also experience longer delays because of the furloughs. it is, you know, your -- >> it affects the bottom line. >> your elected officials at work. now you're going to feel it, pack your patience. >> yep. >> pack your patience at the airport. >> thank you very much, christine. 24 minutes past the hour. proud milestone for the city of boston this morning. just nine days after the marathon bombing boylston street is reopening the public we are happy to report. and we are going to take you there live. the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actually use, you never miss the fun. beard growing contest and go! ♪ i win! what's in your wallet? but with advair, i'm breathing better. so now i can help make thi
but the faa warns hart fields jackson, los angeles international, chicago o'hare will also experience longer delays because of the furloughs. it is, you know, your -- >> it affects the bottom line. >> your elected officials at work. now you're going to feel it, pack your patience. >> yep. >> pack your patience at the airport. >> thank you very much, christine. 24 minutes past the hour. proud milestone for the city of boston this morning. just nine days after the...
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Apr 18, 2013
04/13
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i did know that the faa declared a no-fly zone around ten miles around west because they were afraid one of the other tanks would explode and that would send out a blast and can make a helicopter crash. but to the best of my knowledge, i don't know of any problems with helicopters. >> sir, how long have you lived in the area? >> 38 years. >> i'm sorry, could you repeat that? >> 38 years. >> has there ever been a problem with this plant in the past? >> no. >> nothing? >> no. >> mr. smith, i sincerely appreciate your time this morning. we wish you a speedy recovery. you are nothing but a hero. most people run away from crisis and you ran right to it. so, thank you. >>. [ inaudible ] >> thank you, sir. >> john? >> doer a >> can you hear the strain in his voice, but the resilience. what a night and his strength and best wishes to him as this situation absolutely continues at this moment in west texas. >> as you're watching right there -- >> with us is kay -- >> you're seeing all the fire still burning, john. i just wanted to mention that. >> the fire's still very much burning and still a
i did know that the faa declared a no-fly zone around ten miles around west because they were afraid one of the other tanks would explode and that would send out a blast and can make a helicopter crash. but to the best of my knowledge, i don't know of any problems with helicopters. >> sir, how long have you lived in the area? >> 38 years. >> i'm sorry, could you repeat that? >> 38 years. >> has there ever been a problem with this plant in the past? >> no....
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Apr 22, 2013
04/13
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CNNW
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the faa says with fewer eyeballs, there will be better managed traffic. that's coming up next. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra hhonors points with the dai
the faa says with fewer eyeballs, there will be better managed traffic. that's coming up next. but i wondered what a customer thought? describe the first time you met. you brought the flex in... as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly...
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Apr 24, 2013
04/13
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CSPAN
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i would encourage greater cooperation and communication between eight faa and can -- between the faa and congress. i do not know how you come up with a plan that you announce on friday the you are furloughing on sunday. it seems to me there would be much longer lead time to give airlines the greater ability to respond. the circumstance to find ourselves in it is surprising to me. and unnecessary. i would suggest a delayed by a demonstration to give congress -- give demonstration a chance to change their mind and congress a chance to respond. >> [inaudible] do you think the administration [inaudible] >> it is hard to attribute motives to people in the decisions they make. mece ray lahood indicated to that he would like to be helpful, but the administration opposed the amendment. his explanation was that we are only interested in long-term solutions, not short-term solutions. a very unsatisfactory answer when you are dealing with a particular resolution. the entire continuing resolution was how to fund the government from now until september 30 it. no satisfactory explanation for why d
i would encourage greater cooperation and communication between eight faa and can -- between the faa and congress. i do not know how you come up with a plan that you announce on friday the you are furloughing on sunday. it seems to me there would be much longer lead time to give airlines the greater ability to respond. the circumstance to find ourselves in it is surprising to me. and unnecessary. i would suggest a delayed by a demonstration to give congress -- give demonstration a chance to...
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Apr 24, 2013
04/13
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CSPAN
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if there was a line item at the faa, the faa was still have to because of theat inflexibility of the sequestration law. that shows the sequestration is a bad approach. we to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my call. of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say you're going to raise taxes. say i willy to continue with a balanced approach. i think that is the right approach. 40,000 ,000 of the employees at the faa are air- traffic controllers. most of the employees at the faa are subject to this furlough. that is because of the inflexibility of the sequestration law. host: lewis from maryland. caller: thank you for taking my call. tohought they were going control the air traffic by satellite and the gps system. would this given some time with the changes you have now and the number of air traffic controllers being laid off. could they go to a satellite gps system?
if there was a line item at the faa, the faa was still have to because of theat inflexibility of the sequestration law. that shows the sequestration is a bad approach. we to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my call. of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say...
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Apr 24, 2013
04/13
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if there was a line item at the faa, the faa was still have to cut cut8% of that because of the inflexibility of the sequestration law. that shows the sequestration is a bad approach. we need to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my all. only 1/3 of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say you're going to raise taxes. guest: sorry to say i will continue with a balanced approach. i think that is the right pproach. about 15,000 of the 40,000 employees at the faa are air-traffic controllers. most of the employees at the faa are subject to this urlough. that is because of the inflexibility of the sequestration law. host: lewis from maryland. caller: thank you for taking my all. i thought they were going to control the air traffic by satellite and the gps system. would this given some time with the changes you have now and the number of air traffic controllers being laid off.
if there was a line item at the faa, the faa was still have to cut cut8% of that because of the inflexibility of the sequestration law. that shows the sequestration is a bad approach. we need to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my all. only 1/3 of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word...
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Apr 22, 2013
04/13
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seventy percent of the faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. and that's why secretary lahood, here in this room two months ago, called on congress to replace these dumb sequester cuts and put instead in place a smarter approach to deficit reduction. remember, this is a result of sequester that was never meant to be law. and it was never meant to be law for reasons like this -- because the across-the-board nature of cuts. and in an agency like dot and the faa, because they're personnel-heavy, the effect of these cuts inevitably will be felt at the personnel level. congress can act. it could have acted in the past. it could have brought down the sequester and avoided it entirely. congress could act now to do that. republicans in congress could decide that the victory party is over and it's time to get serious about the economy, get serious about the effects of the sequester on americans across the country in a variety of ways, and either postpone
seventy percent of the faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. and that's why secretary lahood, here in this room two months ago, called on congress to replace these dumb sequester cuts and put instead in place a smarter approach to deficit reduction. remember, this is a result of sequester that was never meant to be law. and it was never meant to be law for reasons like this -- because the...
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Apr 23, 2013
04/13
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they are working with the faa to address this issue. provideurances can you about efforts to improve its communications with the faa? >> we are very far along. a newalso moving from system governing institutions that educates student visa holders. this will help solve the problem. that. get to the silent screen process. under the present system, applicants for asylum must undergo a credible interviewed to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. streamlines the process partly by allowing a screening officer to grants asylum immediately following the interview. if this were to become law, how department in sure they're adequately screen for national security threats? permit togulations confer with the state department to verify the veracity of an applicant's claim. to what extent do they use the authority? are other barriers that prevent this between the agency's? encies? improv
they are working with the faa to address this issue. provideurances can you about efforts to improve its communications with the faa? >> we are very far along. a newalso moving from system governing institutions that educates student visa holders. this will help solve the problem. that. get to the silent screen process. under the present system, applicants for asylum must undergo a credible interviewed to determine whether they have a credible fear of persecution in his or her county of...
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Apr 23, 2013
04/13
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. -- i'll ask about the faa graham says he disagrees with the obama administration's decision not to prosecute the suspect as an enemy combat it. >> i understand we will have a moment of silence for the victims in boston. that is appropriate, and the president is right to lead that effort. quickly, to the families who have lost loved ones, to those breaks as a nation. to the people of boston, you make us proud by the courage you have shown. to the law enforcement officials and intelligence community, god bless you for your hard work and your bravery. iat brings me here today is have been informed that the obama administration has indicated this suspect in boston will not be treated as an enemy combatant. i strongly disagree with the obama administration's decision to rule out the combatant status for the suspect at this time. i believe such a decision is premature. it is impossible for us to gather the evidence in just a few days to determine whether or not this individual should be held for questioning under the law of war. the decision by the administration to try this individual i
. -- i'll ask about the faa graham says he disagrees with the obama administration's decision not to prosecute the suspect as an enemy combat it. >> i understand we will have a moment of silence for the victims in boston. that is appropriate, and the president is right to lead that effort. quickly, to the families who have lost loved ones, to those breaks as a nation. to the people of boston, you make us proud by the courage you have shown. to the law enforcement officials and...
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Apr 18, 2013
04/13
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CSPAN
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ghtthe faa has issued a temporary flight restriction over the area. the texas commission on environmental quality is providing air monitoring and technical assistance. the texas task force one has been alerted to provide structural collapse support. the union pacific railroad has halted freight service and local authorities have turned off utility service in the area, including gas and electricity. there is an incident command center and a triage center, but they have been recently moved due to fears that additional tanks could be at risk. fema, part of the department, has been activated and stands ready to assist texas upon request. the state fire marshal's office, the texas dps, other state agencies are also responding. the american red cross is working with local emergency management to identify shelter management assistance. activated ann fema incident management assistance team. three preliminary damage assessment teams, and we're also standing by to assist in any other way . that level c,ns which is increased readiness. we will continue to monit
ghtthe faa has issued a temporary flight restriction over the area. the texas commission on environmental quality is providing air monitoring and technical assistance. the texas task force one has been alerted to provide structural collapse support. the union pacific railroad has halted freight service and local authorities have turned off utility service in the area, including gas and electricity. there is an incident command center and a triage center, but they have been recently moved due to...
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Apr 24, 2013
04/13
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according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a new system governing institutions that educates student visa holders. this will help solve the problem. i will get to that. the silent screen process. under the present system, applicants for asylum must undergo a credible fear interview to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. this bill streamlines the process partly by allowing a screening officer to grants asylum immediately following the interview. if this were to become law, how would
according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a...
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Apr 23, 2013
04/13
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that's 637 million from the faa. the faa initiated a series of cost saving measures, both personnel and non-personnel relates including hiring freeze, restrictions on travel, limitation of certain temporary employees, and reductions in contracts among other savings, but the fact is 70% of the faa's operation budget is personnel. there's no way to avoid furloughs. remember, secretary lahood came to the briefing room and laid this out as what would be inevitable consequence if sequester were to be law, i implemented, and ore -- over time, it was implemented and final action furloughed. that's a fact. now, you know, they put forward a plan to replace sequester and reduce deficits while making investments necessary to have the economy grow and create jobs, protect the middle class, and protect seen yours. the president is engaged in a process with lawmakers where he's trying to find commonground to see if commonground exists with republicans around the basic principle to reduce the budget in a balanced way, and he's put
that's 637 million from the faa. the faa initiated a series of cost saving measures, both personnel and non-personnel relates including hiring freeze, restrictions on travel, limitation of certain temporary employees, and reductions in contracts among other savings, but the fact is 70% of the faa's operation budget is personnel. there's no way to avoid furloughs. remember, secretary lahood came to the briefing room and laid this out as what would be inevitable consequence if sequester were to...
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Apr 19, 2013
04/13
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dea has been asking the faa to type the controls on hydrocodone combination drugs for 10 years. and yet the fda has dragged its feet. why is important that we reschedule these drugs and is scheduled to? >> if you look at the abuse that you see around hydrocodone and i would say all drugs but hydrocodone in particular the amount of abuse you see and the sery that abuse cases and unfortunaunfortuna tely the pervasive use of it in certain parts of our country, it seems to us that the rescheduling would beppropriate. hope to work with our partners at a and to ctte that rescheduli. >> while the current schedule for these drugs, and these are hydrocodone but they are labeled by give in, lortab and because there are schedule three, there is creating a false sense among some patients and even doctors that these medicines are less potent or less habit-forming. thereforrouse less code on painkillers which are scheduled two. as a result while most every opioid painkiller is a scheduled two drug or carefully regulated, america's most abused narcotic hydrocodone is missing from that schedule
dea has been asking the faa to type the controls on hydrocodone combination drugs for 10 years. and yet the fda has dragged its feet. why is important that we reschedule these drugs and is scheduled to? >> if you look at the abuse that you see around hydrocodone and i would say all drugs but hydrocodone in particular the amount of abuse you see and the sery that abuse cases and unfortunaunfortuna tely the pervasive use of it in certain parts of our country, it seems to us that the...
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Apr 22, 2013
04/13
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we advocate, and what we think is the right solution is the faa, the government agency, they need to learn with those bodies. they need to learn to understand exactly what's being done in the different industries to deal with different threats. and that's how we're going to develop our own best practice. >> host: gautham nagesh. >> greg, you mentioned that thebacking industry is largely ahead of the curve when it comes to these sorts of things, likely due to the nature of the business itself, and like you said, the criminals are often looking for money. how would you say the broader employees of your industry, how successful would your education efforts be, would you say, and have there been any keys that could be applied to other critical infrastructure sectors? >> guest: i think the, you know, by and large, employees within the financial institutions, um, are fairly well aware of what's going on, and, you know, given over the last year increasing news about attacks on the financial system, the awareness has only grown. as part of every bank's standard procedures, employees are test
we advocate, and what we think is the right solution is the faa, the government agency, they need to learn with those bodies. they need to learn to understand exactly what's being done in the different industries to deal with different threats. and that's how we're going to develop our own best practice. >> host: gautham nagesh. >> greg, you mentioned that thebacking industry is largely ahead of the curve when it comes to these sorts of things, likely due to the nature of the...
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Apr 18, 2013
04/13
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as of right now the faa has issued a temporary flight restriction over the area. the texas commission on environmental quality is providing air monitoring and technical assistance. texas task force one has been alerted to provide structural collapse support. the union pacific railroad has halted freight service. and local authorities have turned off utility service in the area including gas and electricity. there is an incident command center at a triage center, but they been recently moved due to fears that additional tanks could be at risk. theme, part of the department, has been activated and stands ready t assist texas upon request. the state fire marshal's office, the texas dps, the waco fire hazmat and other state agenes are also responding. the american red cross is working with local emergency management to identify shelter management assistance. we have within fema activated and incident management assistant jim, three preliminary damage assessment teams, and we are also standing by to assist in any other way. our eoc remains at level three, which is at i
as of right now the faa has issued a temporary flight restriction over the area. the texas commission on environmental quality is providing air monitoring and technical assistance. texas task force one has been alerted to provide structural collapse support. the union pacific railroad has halted freight service. and local authorities have turned off utility service in the area including gas and electricity. there is an incident command center at a triage center, but they been recently moved due...
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Apr 24, 2013
04/13
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CURRENT
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>> the faa's budget is immense. it's contractors, consultants, it's matter of sitting down and prioritizing and saying what do we need now? what can we put off until later? i mean their budget is huge and to do this on the backs of the controllers on the front line is so incredibly wrong, it feels like you are a character in a remake of "one flew over the cuckoo's nest" sometimes. >> bill: interesting. i'm thinking back to ronald reagan, and here again the air traffic controllers are being beat up in this. >> yeah we're more profile when you see things like that. and it will make the biggest impact. sequestration was supposed to be so bad that there's no way we will go down that road. well, we're here. so let's stop playing political games with the national air space system. >> bill: is there a safety issue, jim? >> i would say that as this goes on, there are absolutely safety concerns in place. we are, again, looking at the closures of those 149 towers come june that will add to the work load of an already stressed
>> the faa's budget is immense. it's contractors, consultants, it's matter of sitting down and prioritizing and saying what do we need now? what can we put off until later? i mean their budget is huge and to do this on the backs of the controllers on the front line is so incredibly wrong, it feels like you are a character in a remake of "one flew over the cuckoo's nest" sometimes. >> bill: interesting. i'm thinking back to ronald reagan, and here again the air traffic...
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Apr 23, 2013
04/13
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CURRENT
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faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. >> bill: the bottom line is you can't have it both ways. you cannot say we want the sequester. we're going to let the sequester happen. and then bitch and moan every time the sequester has a real impact in the real world. which it is happening. before this, maybe it was just in areas where most people who are -- upper middle class or wealthy, didn't feel any pain. programs like head start or food stamps or meals on wheels, right. didn't affect me. because i got a good life. well now you know, you're getting on a plane to go somewhere and you have a two-hour delay serves you right. only one way to get rid of this which is get rid of the sequester and have some sensible cuts not just these mad across-the-board cuts and if republicans really don't like what's happening, get rid of the sequester. one other issue immigration. immigration reform has a head of steam because there are -- this
faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. >> bill: the bottom line is you can't have it both ways. you cannot say we want the sequester. we're going to let the sequester happen. and then bitch and moan every time the sequester has a real impact in the real world. which it is happening. before this, maybe it was just in areas where most people who are -- upper middle class or wealthy, didn't...
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Apr 22, 2013
04/13
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CURRENT
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there has been a lawsuit filed against the faa, but the case has not been taken up in court. the furloughs could result in delays or canceled flights for one out of three airline passengers. the busiest time of year for travel could be a little bumpier than usual. joining us from washington is former "new york times" correspondent elizabeth becker. elizabeth just penned a new book called "overbooked: the exploding business of travel and tourism." welcome inside "the war room." >> it's nice to be here thank you. >> michael: what impact will the sequesters have on travel to america? >> well, i'm not convinced that the furloughs will come about. i would say that president obama has shown a partiality to listening to the tourism industry. so i'm not sure it is really going to happen. i think there could be a change of mind. but overall america is just recovering from what the industry is calling a lost decade, where a series of idealogical arguments, and the 9/11 border changes really flattened out tourism for the united states when it was booming in the rest of the world. >> mic
there has been a lawsuit filed against the faa, but the case has not been taken up in court. the furloughs could result in delays or canceled flights for one out of three airline passengers. the busiest time of year for travel could be a little bumpier than usual. joining us from washington is former "new york times" correspondent elizabeth becker. elizabeth just penned a new book called "overbooked: the exploding business of travel and tourism." welcome inside "the war...
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Apr 23, 2013
04/13
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FBC
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the faa is in some ways caught between a rock and our place. let's see. i think they're making the kind of management decisions that will have modest, if any, affect on the traffic system. melissa: we will see. thank you for coming on. >> of come back if it does not work out that way. [laughter] melissa: okay. you're a brave man. i like that. time to check the fuel gauge report. halliburton says this is setting aside an additional $1 billion to pay private claims from the 2010 deep water horizon rig explosion. in an earnings policy the company said the increased reserve caused a first quarter loss of $18 million. $0.2 per share compared with a profit of 627 million or $0.68 per share from a year ago. the good news on gas price, the average price of a gallon of regular has dropped $0.11 in the past few weeks. experts say the prices could go down another $0.20 in the next two months. that is the exact opposite of what we were used to seeing as prices generally go up at this time of year. good news. the cheaper gas could hit. toyota says sales of the previou
the faa is in some ways caught between a rock and our place. let's see. i think they're making the kind of management decisions that will have modest, if any, affect on the traffic system. melissa: we will see. thank you for coming on. >> of come back if it does not work out that way. [laughter] melissa: okay. you're a brave man. i like that. time to check the fuel gauge report. halliburton says this is setting aside an additional $1 billion to pay private claims from the 2010 deep water...
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Apr 19, 2013
04/13
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FBC
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of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing suspects were living in cambridge, they are of chechen decent, under massive pressure after photos revealed yesterday, by fbi, killed an m.i.t. campus officer, then carjacked a mercedes suv overnight, police in hot pursuit chased them to watewatertown, a deafening gunft overnight ensued. shattering a neighborhood, listen to this. [ sound of gunfire ] dogs barking neighbors running people cowering in homes one of suspects 26-year-old tamerlan tsarnaev was killed his brother dzhokhar still on the loose, we'll keep up a split screen or depending on what is happening a big/little. we'll break in with any n
of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing...